New York State Common Retirement Fund Has $9.65 Million Stock Holdings in CACI International Inc (NYSE:CACI)

New York State Common Retirement Fund reduced its stake in CACI International Inc (NYSE:CACI) by 29.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,784 shares of the information technology services provider’s stock after selling 12,362 shares during the quarter. New York State Common Retirement Fund owned about 0.13% of CACI International worth $9,646,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in CACI International by 3.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 680,633 shares of the information technology services provider’s stock worth $213,671,000 after purchasing an additional 23,521 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its stake in CACI International by 0.8% during the third quarter. Vaughan Nelson Investment Management L.P. now owns 145,141 shares of the information technology services provider’s stock worth $45,563,000 after buying an additional 1,139 shares during the last quarter. California Public Employees Retirement System lifted its holdings in CACI International by 0.5% in the third quarter. California Public Employees Retirement System now owns 129,405 shares of the information technology services provider’s stock valued at $40,624,000 after buying an additional 630 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. boosted its position in shares of CACI International by 65.2% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 68,139 shares of the information technology services provider’s stock valued at $22,067,000 after purchasing an additional 26,887 shares in the last quarter. Finally, Fort Washington Investment Advisors Inc. OH acquired a new stake in CACI International during the fourth quarter worth approximately $18,360,000. 86.43% of the stock is currently owned by institutional investors.

CACI International Price Performance

CACI stock opened at $408.01 on Thursday. The company has a market capitalization of $9.10 billion, a P/E ratio of 23.42, a price-to-earnings-growth ratio of 1.92 and a beta of 0.89. CACI International Inc has a 52-week low of $293.69 and a 52-week high of $410.64. The business has a 50-day simple moving average of $374.74 and a two-hundred day simple moving average of $346.56. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.28 and a current ratio of 1.28.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, April 24th. The information technology services provider reported $5.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.55 by $0.19. The company had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.86 billion. CACI International had a return on equity of 13.80% and a net margin of 5.37%. CACI International’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.92 earnings per share. Research analysts expect that CACI International Inc will post 20.36 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on CACI shares. JPMorgan Chase & Co. boosted their price target on CACI International from $375.00 to $383.00 and gave the company an “overweight” rating in a research note on Tuesday, February 6th. Jefferies Financial Group cut shares of CACI International from a “buy” rating to a “hold” rating and reduced their price target for the stock from $375.00 to $350.00 in a report on Wednesday, January 3rd. Wells Fargo & Company upped their price objective on shares of CACI International from $410.00 to $468.00 and gave the company an “overweight” rating in a report on Tuesday. Stifel Nicolaus raised their target price on CACI International from $390.00 to $430.00 and gave the company a “buy” rating in a research note on Tuesday, April 23rd. Finally, Robert W. Baird boosted their target price on CACI International from $370.00 to $464.00 and gave the company an “outperform” rating in a research report on Monday, April 8th. Two equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $410.64.

Insider Transactions at CACI International

In related news, EVP J William Koegel, Jr. sold 500 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total transaction of $188,740.00. Following the transaction, the executive vice president now directly owns 23,385 shares of the company’s stock, valued at $8,827,369.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other CACI International news, Director Gregory G. Johnson sold 150 shares of the business’s stock in a transaction on Monday, February 12th. The stock was sold at an average price of $361.69, for a total value of $54,253.50. Following the transaction, the director now owns 6,446 shares of the company’s stock, valued at $2,331,453.74. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP J William Koegel, Jr. sold 500 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $377.48, for a total value of $188,740.00. Following the completion of the transaction, the executive vice president now owns 23,385 shares of the company’s stock, valued at approximately $8,827,369.80. The disclosure for this sale can be found here. Company insiders own 1.20% of the company’s stock.

CACI International Company Profile

CACI International Inc, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors. It operates through two segments: Domestic Operations and International Operations.